NetworkNewsBreaks – QMC Quantum Minerals Corp.
Post# of 135
QMC Quantum Minerals’ (TSX.V: QMC) (OTC: QMCQF) (FSE: 3LQ) flagship Irgon Mine Property holds the potential for a quick fire-up of economic successes. The Irgon Property boasts a clear competitive advantage for the company, as historical exploration at the site in the 1950s included underground development and the construction of a mill (http://nnw.fm/hYbW2). An article discussing the company reads: “Although the mill has since been dismantled, its underground complex of shaft, drifting and crosscuts still exist and should facilitate a full metallurgical assessment of the mine’s potential while initiating production at pilot scale. Infrastructure to operate the mill and provide local access is already in place or nearby. … The Irgon Property also has significant production value in that its lithium mineralization begins directly at the surface and has been explored historically through the underground development to a depth of 74 meters (and to a depth of 213 meters through drilling). This creates the potential for low-cost, open-pit ore extraction immediately on a positive production decision. Mining of a bulk sample is expected to begin quickly once the Irgon Dike’s historical resource has been updated to current NI 43-101 regulatory standards. This report is expected to be completed later this year.”
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